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Tag Archives: Morgan Stanley

Overnight Market News – November 9, 2009

09-Nov-09

Kraft Foods Inc Expected to Officially Launch GBP 10B Hostile Bid for Cadbury PLC by Noon on Monday General Electric Co, Comcast Corp Agree on USD 30B Valuation for NBC Universal, Bringing them Closer to a Deal Morgan Stanley Looks to Sell its 34% Stake in Investment Bank, China International Capital Corp Sprint Nextel Corp [...]

Overnight Market News – October 20, 2009

20-Oct-09

Apple Inc Tops Views as Fiscal Fourth Quarter Earnings per Share Jumps 44% to USD 1.82 on Record Sales of Mac Computers and iPhones Pfizer Inc Reports 26% Increase in Third Quarter Profit to USD 0.43 per Share on Aggressive Cost-Cutting Initiatives Morgan Stanley Agrees to Sell Mutual Fund Business to Invesco Ltd for USD [...]

Four Banks Repay TARP Money

18-Jun-09

Four of the largest U.S. banks can give themselves pats on the back after repaying the TARP money that was loaned to them by the U.S. Government in order to make it through troubling times. The pay backs were as follows: JPMorgan, Chase & Co. – US$25B Morgan Stanley – US$10B Bancorp – US$6.6B BB&T [...]

Overnight Market News – June 18, 2009

18-Jun-09

World Bank Upgrades China’s 2009 Growth Forecast to 7.2%, Says Stimulus Sufficient AIG Chooses Deutsche Bank, Morgan Stanley as Joint Coordinators for USD 4B IPO of Asian Life Insurance Unit British Chamber of Commerce Sees 3.8% Contraction in UK Economy This Year, Separate Report Shows Retail Sales Fell 0.6% in May Over April Swiss National [...]